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‘It’s Going To Be Glorious’—SpaceX And Tesla Suddenly Braced For A Game Changer
Market buzz is growing around a possible merger between Elon Musk's SpaceX and Tesla. Some analysts suggest a combined entity could reach a $5 trillion valuation. The move follows SpaceX's recent IPO and a surge in its market value.
What changed
New reports highlight a potential $5 trillion valuation and SpaceX's recent 50% surge following its IPO.
Live updates
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Speculation Mounts Over Potential SpaceX and Tesla Mega-Merger
confidence 70%Market buzz is growing around a possible merger between Elon Musk's SpaceX and Tesla. Some analysts suggest a combined entity could reach a $5 trillion valuation. The move follows SpaceX's recent IPO and a surge in its market value.
What's confirmed:
- SpaceX and Tesla are both publicly listed companies.
- SpaceX has surged nearly 50% to roughly $2.6 trillion three sessions into its IPO.
- Tesla has a valuation of $1.5 trillion.
- Elon Musk has increased his Tesla voting stake to nearly 20%.
Still unconfirmed:
- A merger could create a $5 trillion company capable of challenging Nvidia Corp. for the most valuable company on Earth.